TECH - Tesla's Top Chinese Rival Rocked By Strike As Workers Protest Income-Cutting Work Schedule: Report | Benzinga
Last week, employees at a BYD Co. (OTC:BYDDY) (OTC:BYDDF) factory in China reportedly went on strike, protesting against changes in their work schedules that would reduce their income.
What Happened: According to CarNewsChina, citing local media, the strike began last week at the BYD factory in Wuxi, Jiangsu province. Employees gathered within the factory compound, with some lying on the ground covered by blue sheets placed by the police.
The main reason for the strike is reportedly the implementation of a four-shift system and a five-day, eight-hour work schedule. This change would eliminate overtime pay, significantly reducing workers’ income.
The Wuxi factory was previously owned by Johnson Controls. Last ...